https://www.taxtmi.com/caselaws?id=413274 The case involved determining the nature of supply and the admissibility of input tax credit regarding a promotional scheme for hosiery goods. The Authority ruled that the supply of hosiery goods and promotional items are separate supplies, not constituting a mixed or composite supply. Tax would be levied on each item individually. Additionally, the applicant was entitled to claim input tax credit on items sold at nominal prices under the promotional scheme as they were not considered gifts but sold for a consideration, making them eligible for credit. en-us Thu, 30 Sep 2021 00:00:00 +0530 Thu, 27 Mar 2025 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413274 The case involved determining the nature of supply and the admissibility of input tax credit regarding a promotional scheme for hosiery goods. The Authority ruled that the supply of hosiery goods and promotional items are separate supplies, not constituting a mixed or composite supply. Tax would be levied on each item individually. Additionally, the applicant was entitled to claim input tax credit on items sold at nominal prices under the promotional scheme as they were not considered gifts but sold for a consideration, making them eligible for credit. Case-Laws GST Thu, 30 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413274